Rich Smallie
Accidental real estate investor
16 April 2024 | 3 replies
Conduct thorough market research to understand rental demand, property appreciation potential, vacancy rates, neighborhood trends, and economic indicators.Please take some time to review your financial goals and develop a strong financial plan for acquiring and overseeing new properties.
Orlando Alberto
Seeking for an honest and expert advice
15 April 2024 | 2 replies
It sounds like you would probably benefit from finding an experienced flipper, and asking the lend them money at a 10% interest rate.
Norm Chrostowski
Calling FSBO's
16 April 2024 | 13 replies
In my market, which has been fairly stable with a 3-5% appreciation rate over the last 20+ years, a house that was bought over 10 years ago will normally have enough equity for me to be able to buy it at a low enough price to wholesale it.
Jesse Jones
What would you do?
16 April 2024 | 7 replies
I don't love the idea of giving up my sub 3% mortgage rate and paying more to borrow money, but sitting on that equity and not putting it to work makes me feel I'm leaving a lot of growth on the table.
Huiping S.
How to prevent work group booking for short-term rental?
16 April 2024 | 9 replies
Working folks aren't a protected class but I will say that your ratings will take a hit if you keep denying bookings for no obvious reason.Have you had massive damage due to a work group staying?
Evan Smith
Seeking an uncommon debt structure: Commercial collateralized vs Residential on SFR
15 April 2024 | 0 replies
A debt structure for SFR that's valued by cap rate as opposed to individual appraisal.Im open to speculative conversations but here is the scenario.Tenant: National tenant, operating 4000 leases nationally on single family homeswilling to pay 1% of gross value and sign a multi year lease.
Caleb Black
How to Structure Multifamily Real Estate Partnership?
15 April 2024 | 1 reply
In my experience as an LLC you have to get a commercial loan in which the interest rates tend to get a little bit higher.
Sammy Marshall
First Time Investor
16 April 2024 | 9 replies
Most of the houses I have looked at are new construction since a good amount of the sellers are offering a buy down towards rate or closing costs which is very appealing for the first property.
Madden Telles
Financing Tips & Plans
15 April 2024 | 6 replies
The downpayment is higher, the interest rate is higher, etc.
Lina Bibikov
How many here do new construction spec homes?
14 April 2024 | 25 replies
@Grayson Lynum Regarding Modular, I have gone down that rabbit hole several times, and what I found it, they are not cheaper, just faster, and they look like a modular, due to the transportation limitations, the rectangle box or Prow front on mods tend to have a stigma to buyers, also many of the finishes are very low end. if you site built a very basic rectangle with the same cheap finishes most mods come with, you will be financially better off. and they are not faster, typically from order to occupancy is 6-9 months, I did my last spec in 7 mo. its just not as much work on site, the time is waiting for the factory to get to your build. good luck!